Friday , April 16 2021

Goldman Sachs eyes multi-year Boris boom, but warns on gilts risk – Telegraph.co.uk, Telegraph.co.uk


Goldman Sachs is betting on a “Boris boom” and a surge of foreign fund flows into Britain if the election delivers a clear outcome, propelling faster economic growth through the early 2020 s thanin the struggling eurozone.

 

The US investment bank expects a “Brexit Breakthrough” and a catch-up surge in undervalued UK assets as one of its top seven trade ideas for 2020, advising clients to take the plunge on sterling and beaten-down equities in the domestic sector.

 

“We have identified more than $ 150 bn (£ 116 bn) of UK inflows that could be unlocked by some progress towards Brexit resolution. The upcoming election will reset the Parliamentary arithmetic and potentially clear the way, ”it said.

 

Goldman …

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